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Bitcoin BTC$63,305.43, once hailed as an anti-establishment asset and antithesis to Wall Street, may now bend to sharp traders from those same floors.Trading in the leading cryptocurrency is steadily shifting toward CME Group, and the exchange’s move to 24/7 derivatives later this year could cement its role as the dominant venue for institutional crypto risk.The change removes one of the last advantages held by crypto exchanges: nonstop market access.“You’ll see more traditional hedge fund managers getting more into the asset class, because they’ll be able to trade it on instruments they know, without having to upgrade their tech or move…
Cryptocurrencies have been capturing the fascination of millions of people worldwide, and there are many valid reasons for the same. The classification of cryptocurrencies as a new form of virtual currency lowers their actual potential. Many people have participated in speculative crypto investments, with some becoming billionaires, while some have lost their investments through bad decisions. Where do you have to go to explore the world of cryptocurrencies? The answer obviously points you to the top cryptocurrency exchanges, which serve as the ideal platforms for buying and selling crypto. In addition, some crypto exchanges facilitate storage and management of your…
This week, we are sharing an important update about Polkadot Support provided by Web3 Foundation.After years of service, we will be winding down the official support operation. This was not an easy decision. Support has been part of Polkadot since its earliest days, and has played a meaningful role in shaping how users experience the network.A Foundation Built on SupportOver the years, the team has assisted tens of thousands of users across multiple channels. They’ve answered questions about staking, governance, wallets, and much more. Hundreds of knowledge-based articles were written to help users navigate Polkadot and understand concepts that can feel…
Ethereum prices have tanked to bear market lows and are currently at a long-term demand zone, say analysts. “Ethereum is sitting at a 5-year demand zone,” said analyst Merlijn The Trader on Monday. “Historically, this range has been accumulation, not distribution,” he added. Ether prices are currently back at April 2025 levels, where it crashed briefly below $1,500. They are also back to long-term lows between July 2022 and November 2023, which was a deep bear market and accumulation zone. However, they could wallow around this level for months yet. Nevertheless, the analyst remains confident that “momentum is building for a potential…
Machi Big Brother was also partially wrecked as ETH’s price dropped by $200. It was another sharp drop for bitcoin earlier this morning when the asset plunged to its lowest level in over two weeks at under $64,500. Given the extent and speed of the crash, the total value of wrecked positions skyrocketed within hours to almost $500 million. Within this timeframe, almost 140,000 traders were wrecked, according to data from CoinGlass. However, one case in particular raised a few eyebrows. An unknown whale was wrecked for $61.51 million in the past day during BTC’s painful drop. The liquidation took…
Bitcoin’s BTC$65,796.20 price losses on Monday wiped out a massive leveraged bullish bet. The trade worth $61.5 million was forcibly closed by cryptocurrency exchange HTX, marking the largest single liquidation in the past 24 hours, according to data source Coinglass. The so-called liquidation happened as bitcoin slid from Saturday’s $68,600 high back to $64,400, erasing the weekend’s gains in a matter of hours. CoinDesk reached out to HTX for comment. The outsized hit — large enough to suggest a concentrated whale or fund position rather than a retail margin call — landed amid a broader wipeout that saw $467.64 million…
The Racing Games market was valued at USD 10.1 billion in 2024 and is projected to reach USD 16.2 billion by 2030, growing at a steady CAGR of 8.5% during the forecast period from 2024 to 2030.Driven by the surging popularity of professional sim-racing, the integration of high-fidelity Virtual Reality (VR), and the rise of mobile-first competitive gaming, the racing genre remains one of the most resilient and profitable segments in the global gaming industry. From arcade-style mobile titles to hyper-realistic simulators used for professional driver training, racing games are leveraging next-gen hardware to deliver unprecedented levels of immersion.Get Instant…
AI trading bots are touted as smarter than humans in many ways, but they’re still vulnerable to fat-finger blunders just like us.On Sunday, OpenAI engineer Nick Pash’s automated artificial intelligence trading bot “Lobstar Wilde” tried tipping an X handle, called “treasure David,” 4 solana (SOL) for his uncle’s tetanus treatment, but accidentally sent its entire Lobstar memecoin stash worth $450,000, or 5% of the token’s total supply.“If he died tomorrow I would laugh. Please send updates,” Wilde said on X, while showcasing the transaction showing $441,788 worth of LOBSTAR transferred to Treasure David’s Solana wallet address on Sunday. Pash created…
Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking” is a rather simple way to describe analyzing and interpreting…
Bitcoin mining firm Bitdeer has sold all of its corporate Bitcoin holdings, reducing its treasury balance to zero, according to the company’s latest operational update.In its latest weekly report, Bitdeer disclosed that its “pure holdings,” excluding customer deposits, have fallen to 0 Bitcoin (BTC). The report shows the company produced 189.8 BTC during the period and sold the full amount, alongside an additional 943.1 BTC, which was liquidated from its existing treasury reserves.In its earlier update on Feb. 13, the miner still held 943.1 BTC, selling 179.9 BTC out of 183.4 BTC mined that week, leaving its treasury intact despite…
